According to the public record, 8, Cedar Park, Chigwell is a modern house with 2,012 ft2 of internal area and sits on a 139 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Cedar Park, Chigwell, IG7 is located in the borough of Epping Forest within the IG7 postal district.
8, Cedar Park, Chigwell has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Cedar Park Chigwell as £1,092,754 and the rental value as £3,334 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 8 Cedar Park Chigwell has increased by £13,852 (1.3%) and its rental value has increased by £88 per month (2.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Cedar Park, Chigwell is in very good condition we estimate a sale value of £1,147,392 and rental value of £3,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,016,261 and a rental value of £3,101 per month.
If you were able to purchase this property for the estimated value of £1,092,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,371 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 8, Cedar Park, Chigwell sits on a plot of 139m2.
We have plot size data on 6 out of 7 other houses in the postcode and 8, Cedar Park, Chigwell sits on the 4th largest plot.
According to HM Land Registry, 8, Cedar Park, Chigwell was last sold on 30 Mar 2004 for £550,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cedar Park, Chigwell within a radius of 970 metres over the last 2 years.
The most recent example is 3, Cedar Park, Chigwell, IG7 5AL, a Leasehold house which sold for £950,000 in Feb 2018.
Read more about house prices in IG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Park, Chigwell, IG7 has a total of 12 addresses. According to our analysis of all the public data, 8, Cedar Park, Chigwell is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £424k more expensive than the average property in IG7.
8, Cedar Park, Chigwell has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Nov 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Cedar Park, Chigwell is Chigwell station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Cedar Park, Chigwell, 38.0% of property is privately owned outright and 36.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Cedar Park, Chigwell, 15.1% of residents are recorded as possessing school level qualifications and 42.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Cedar Park, Chigwell, the average age was 42.3 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Cedar Park, Chigwell, 0.4% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Cedar Park, Chigwell, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.